Saturday, October 06, 2007

Latex "Hsu"s for Everyone!



Norman Hsu, the convicted fraudster and Ponzi schemer who raised massive campaign funds for Hillary "vote for me 'cuz I've been thru a lot" Clinton and Barack "no relation to Osama, I swear" Obama, apparently had ties to the apparel industry in the 1980's, reported Women's Wear Daily. That's not so interesting in and of itself, but get this:

While numerous news reports have described him as a "sourcing executive" or "fashion industry executive," no one contacted by WWD was aware of his business activities since the late Eighties. He was accused in California of running a Ponzi scheme in the early Nineties under which he was buying latex gloves for resale, but ended up spending investors' money on himself according to published reports. Hsu pleaded no contest to one count of grand theft in 1992, agreeing to three years in prison and a $10,000 fine. -- WWD, Wednesday, Sept. 19, 2007 (subscription required)

See, this proves that you can never tell who's into latex. Or Ponzi schemes. I'm still waiting for Hillary to call about a latex pantsuit, though. I'm thinking lilac with a large lapel and no pleats on the front of the pants. Pleat-front pants make everyone look fatter than they already are.

2 comments:

Anonymous said...

In depth journalism there. I like it! You're like the Mike Wallace, "60 Minutes" of fetish fashion!

Betty LaBamba said...

In depth journalism there. I like it! You're like the Mike Wallace, "60 Minutes" of fetish fashion!

Haha! Mike Wallace? Jeez, I gotta start putting on the wrinkly cream at night. ;D